RTX CEO Chris Calio identified rising demand for air and missile defense as the primary growth driver for the Raytheon division. The company secured over $10 billion in international awards during the first half of 2026. This figure more than doubles the international award total from the previous year. Significant orders from the U.S. and European partners are fueling this expansion.
Key systems including Patriot, AMRAAM, and LTAMDS drive this increased demand. RTX reported nearly $20 billion in total awards for Raytheon during its second-quarter 2026 earnings call. This total includes a $5 billion order for Patriot GEM-T interceptors.
The company’s total backlog has reached $86 billion. RTX is now investing in manufacturing capacity and supply chain expansion to meet production requirements.